Category «News»

Taxpayers worrying about the tax season deadline drawing ever closer can breathe a sigh of relief, after SARS (South African Revenue Service) announced on Wednesday that it would extends its operating hours for the next two weekends. “The SARS branch offices will extend working days to Saturdays for the next two weekends – 14 and …

The national Treasury is sticking to its decision about implementing the carbon tax from next year. The hopes of business have gone down as there might be delays to the unpopular measure and it believes that it will add yet another burden to the economy already in trouble due to load shedding and low growth. …

The Economic Freedom Fighters (EFF) leader Julius Malema’s tax battle will resume in June after the Pretoria High Court postponed the matter one again. “I rule that the matter be extended to June 1. Costs reserved,” Jude Ferdi Preller said. Malema appeared in court where the judge was to decide whether or not to declare …

The South African Ministry of Finance has launched a public consultation on proposals for a temporary reduction in employer’s and employees’ contributions to UIF (Unemployment Insurance fund), while their benefits remain unchanged. The 2015 Budget has already been rolled out and it contained a proposal to reduce the remuneration threshold against which unemployment contributions are …

The United Nations has release a new report, Africa’s Adaptation Gap. This recommends that African countries begin to introduce environmental levies in order to contribute to global climate change efforts. This particular report was released at the 15yh African Ministerial Conference on the Environment. It follows in the footsteps of the UN Environmental Program’s Global …